Private Equity: Seeking ‘Scottie Pippen’ Plays, If Not Another Michael Jordan

The Permian’s Tier 1 acreage opportunities for startup E&Ps are dwindling. Investors are beginning to look elsewhere.

ArcLight Creates AlphaGen to Manage Firm’s US Power Infrastructure Portfolio

Alpha Generation, owned by ArcLight Capital Partners, will manage one of the U.S.’ largest power infrastructure portfolios with annual revenues of about $2 billion.

Energy Capital Partners Acquires EnCap’s Triple Oak Power

Energy Capital Partners will acquire EnCap-backed Triple Oak, which develops, acquires and monetizes renewable energy projects.

Private Equity Firm Voyager Interests Acquires Aegion Coating Services

The acquisition of Aegion Coating Services will help expand Voyager’s presence in the Middle East, South America and Asia.

PE-backed Ellipsis Acquires Interests in Permian, Other US Basins

Ellipsis U.S. Onshore, backed by private equity firm Westlawn Group, bolted on more assets in the Permian Basin and expanded its reach into Colorado and Louisiana.

Quadrupling Energy Transition Financing and the Quest for Net Zero

McKinsey Partner Kassia Yanosek details private equity’s unique role in the climate transition, despite corporate uneasiness at partnering with firms, and the need to quadruple funding while government ramps up support.

Private Equity Exits Hit Five-year High with Occidental Deal for CrownRock

By value, Occidental Petroleum’s Dec. 11 deal for CrownRock, combined with other private-equity exits, totaled about $30 billion in 2023.

Private Equity Money is There - for the Right Teams

Private Equity executives agreed that the investment space is in a healthier state than at the height of the shale boom and funding is available for “really good teams.”

Haynes Boone: RBLs Continue to Cool as Source of Oil, Gas Capital

A survey by law firm Haynes Boone found equity and free cash flow are expected to meet nearly half of oil and gas companies’ capital needs in the next 12 months.

Exclusive: PE Firm’s Fourth Non-op Fund Targets Permian

Private equity firm North Hudson Resource Partners’ new fund will target additional non-operated oil and gas acquisitions in the Permian and other basins.